$LSK, Fantasy...www.tradingview.com
Weekly
Looking at our trend timeframe we see price continuing to respect our downtrend, stochastic rsi showing momentum is in favor of bears. Support has been found at 40000, price now looking for resistance at 50000. Will watch smaller timeframe for an entry, last time price was this low was back in November 2017.
Daily
Shifting over to our pattern timeframe we see price has formed a double bottom at 40000, todays open at 43608, with a high of 46870. A daily close above 45500 and our trade is activate and we should expect a extension towards our 52500 resistance. Stochastic RSI showing momentum is in favor of bulls, finally target 75000.
LSKBTC
There is a possibility for the beginning of an uptrend in LSKBTCTechnical analysis:
. LISK/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00043500 to 0.00034000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00043500)
Ending of entry zone (0.00034000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00076560
TP2= @ 0.00088700
TP3= @ 0.00103390
TP4= @ 0.00111760
TP5= @ 0.00135230
TP6= @ 0.00155210
TP7= @ 0.00173000
TP8= @ 0.00190550
TP9= @ 0.00225620
TP10= @ 0.00339820
TP11= Free
There is a possibility for the beginning of an uptrend in LSKBTCTechnical analysis:
. LISK/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 40.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00043500 to 0.00034000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00043500)
Ending of entry zone (0.00034000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00076560
TP2= @ 0.00088700
TP3= @ 0.00103390
TP4= @ 0.00111760
TP5= @ 0.00135230
TP6= @ 0.00155210
TP7= @ 0.00173000
TP8= @ 0.00190550
TP9= @ 0.00225620
TP10= @ 0.00339820
TP11= Free
LSK good place to DCAJee.
LSK looks like its in a great place to be a buy right now.
Pretty much just above the weekly OB. which has been already tested couple of times.
kind of looks like an Adam and Eve bottom.
You're buying support.
LSK, again a fair dinkum project with great fundamentals (I think, DYOR)
Me buying?
- now down to 28.8k
and finally 8.8-9k sats if we ever get there.
lets ride it out
Signals of a reversal look "lisky"Indicators here for LSKBTC are strongly leaning towards a trend reversal as seen here on the daily chart, considering:
1. DeMark sequential buy countdown has been fulfilled, and
2. MACD bullish divergence
Plus, what appears to be capitulation occurred on bar count 5 (after s13) with higher than average volume traded on that day. Length of divergence is 33 bars which is relatively healthy too.
A long position entry could be timed once MACD lines crossover as confirmation or a DeMark price flip happens considering a new DeMark buy setup is in progress.
Alternatively, a more risky entry at this point with only a few words of caution: Manage " lisk " accordingly ;)
Possible LONG idea of LSKBTC pair !Hello, guys, I'm back again with my new idea of LSKBTC .
LSKBTC was standing too quiet for a long time, volume dropped lower levels. I don't expect more than %15 profit. Please play with a stop loss.
Trade instructions.
Redline: stop loss area
Greenline: buy area
Bluelines: resistance and sell areas.
Love you all, stay safe.
This is not an investment advice.
LSKBTC Fibonacci and Wave AnalysisLooking for the wave cycles for LSKBTC to find potential entry points, if the botom of the fibonacci continues to act as support untill December 2018 then this could be a good accumulation zone to buy into. The other highlighted fibonacci levels can be used as sell targets if we see a bullish reversal and uptrend.
Any thoughts and ideas are welcome.
Disclaimers, not intended to be financial advise.
I don't hold a position in Lisk at the time of writing but may enter if the ascending fibonacci trendline finds confirmation in the near future.
Peace,
Biffy
There is a possibility for the beginning of an uptrend in LSKBTCTechnical analysis:
. LISK/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 49.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00054740 to 0.00041200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00054740)
Ending of entry zone (0.00041200)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00076560
TP2= @ 0.00088700
TP3= @ 0.00103390
TP4= @ 0.00111760
TP5= @ 0.00135230
TP6= @ 0.00155210
TP7= @ 0.00173000
TP8= @ 0.00190550
TP9= @ 0.00225620
TP10= @ 0.00339820
TP11= Free
There is a possibility for the beginning of an uptrend in LSKBTCTechnical analysis:
. LISK/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 49.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.00054740 to 0.00041200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.00054740)
Ending of entry zone (0.00041200)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.00076560
TP2= @ 0.00088700
TP3= @ 0.00103390
TP4= @ 0.00111760
TP5= @ 0.00135230
TP6= @ 0.00155210
TP7= @ 0.00173000
TP8= @ 0.00190550
TP9= @ 0.00225620
TP10= @ 0.00339820
TP11= Free
Analytics LSK/BTCA very popular previously and now undervalued coin. Its rate approached in August to its minimum, which is 0.0003917. A little before reaching this price, the coin shot up and showed about 50% growth. Volumes grew, while the asset stay in portfolios.
To date, we are seeing a price of 0.000610, which is 50% of Fibonacci. This is an area of interest both for sellers and buyers, so we do not consider the entry point more than 0.0004850-0.0004780. The next good entry is 0.000412-0.000415.
There is an upward trend, the distribution of orders in DOM is equable.